© 2024 All Rights reserved WUSF
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

WorldCom's Ebbers Sentenced to 25 Years

Bernard Ebbers, the former CEO of telecommunications company WorldCom, was sentenced to 25 years in prison Wednesday for his role in what authorities call the largest accounting fraud in U.S. history.

Ebbers, who is 63 years old, was found guilty on charges of securities fraud, conspiracy and making false filings with the Securities and Exchange Commission. He is expected to appeal his conviction.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

You Count on Us, We Count on You: Donate to WUSF to support free, accessible journalism for yourself and the community.